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class III unit-linked

French translation: contrats en unités de compte de catégorie 3

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10:44 Jun 27, 2000
English to French translations [PRO]
English term or phrase: class III unit-linked
field of insurance.
"Each financial service is subjet to licencing and in each service, there are separate classes of businee (e.g. "class III unit-linked)"
Thank you
Sylvie André
France
Local time: 12:04
French translation:contrats en unités de compte de catégorie 3
Explanation:
"unit-linked" is "en unités de compte" as opposed to "contrats en francs", which performance is linked to the underlying investments (a better deal for insurers as they do not have to deliver performance when they have not achived it). I suppose class III would be "de catégorie 3" but I suspect this is EC jargon so you may wanna check on their site.

Cheers,

Béa
Selected response from:

Béatrice Huret-Morton
Local time: 12:04
Grading comment
3 KudoZ points were awarded for this answer

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Summary of answers provided
nacontrats en unités de compte de catégorie 3
Béatrice Huret-Morton


  

Answers


1 hr
contrats en unités de compte de catégorie 3


Explanation:
"unit-linked" is "en unités de compte" as opposed to "contrats en francs", which performance is linked to the underlying investments (a better deal for insurers as they do not have to deliver performance when they have not achived it). I suppose class III would be "de catégorie 3" but I suspect this is EC jargon so you may wanna check on their site.

Cheers,

Béa

Béatrice Huret-Morton
Local time: 12:04
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in pair: 490
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